July 31, 2014

E-Mini Russell Future Day Trading Strategy; Selling the WAVE to new lows

Russell 6JJBar

The Russell has been sinking all morning very aggressively and looking to fall even lower.

I am waiting for price to retrace back a bit to sell from 1123.3-1124.1 right back down to new lows once again.

The first target will be back at the lows at 1120.9 with the final target projection lower at 1118.4.

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